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please show steps! (no excel please) 5. A corporate bond with a coupon rate of 5.7%, semi-annual coupon payments, a face amount of $1,000, and

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5. A corporate bond with a coupon rate of 5.7%, semi-annual coupon payments, a face amount of $1,000, and 17 years to maturity is currently trading at a price of $1,253.75. What is the yield-to- maturity on this bond

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